Atlantic Terra Cotta Co. v. Commissioner

Board of Tax Appeals

Atlantic Terra Cotta Co. v. Commissioner

13 B.T.A. 1289, 1928 BTA LEXIS 3072

CourtUnited States Board of Tax Appeals

DecidedOctober 30, 1928

DocketDocket No. 12185.

StatusPublished

Cited by1 cases

This text of 13 B.T.A. 1289 (Atlantic Terra Cotta Co. v. Commissioner) is published on Counsel Stack Legal Research, covering United States Board of Tax Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Atlantic Terra Cotta Co. v. Commissioner, 13 B.T.A. 1289, 1928 BTA LEXIS 3072 (bta 1928).

Pincite

Opinion

[1290]*1290OPINION.

Tkammeli, :

The petitioner contends that the attorneys’ fees and other expenses incurred by it in defending itself against the indictments were ordinary and necessary expenses incurred in carrying on its trade or business and were deductible from its gross income,

[1291]*1291Upon the authority of the cases of Columbus Bread Co., 4 B. T. A. 1126, and Great Northern Railroad Co., 10 B. T. A. 1347, it is held that the amounts in question are not deductible.

Reviewed by the Board.

Judgment will be entered under Rule 50.

Phillips, GReen, and MillikeN dissent.

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